25 posts and columns on theater
News Byterent an Eddie Murphy/Ben Stiller comedy for $60 while it was still in theaters. Comcast’s movie studio reversed course just days after news of its “Tower Heist” plan surfaced. Though the rental plan was only slated for Atlanta and Portland, several theater chains had said they would boycott the movie nationally in protest.
SnagFilms, the online video distribution site for professional documentaries, has nabbed $10 million in funding from Comcast’s investment arm and New Enterprise Associates, and will also now be distributing fictional independent releases. That and the new investment giving SnagFilms a valuation of $50 million should be big news at the 11th Sundance Film Festival, the famous independent film gathering opening in Park City, Utah, on Thursday.